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Bellevue Real Estate Local Market Update – September 2023 As summer draws to a close, the local housing market remains somewhat unsettled. This is due to persistently high interest rates that have caused buyers to pause and sellers to hold onto their pandemic-era mortgage rates, as well as low inventory increasing competition for the available listings. Sold home prices in some areas have begun […]
Bellevue Real Estate Wildfire Preparation and Evacuation Tips This article originally appears on the Windermere Real Estate Blog, here. Written by Sandy Dodge   Wildfires cause chaos for homeowners. Though they are destructive, with the right preparation, you can ensure that you and your household have a plan in case of an emergency. Many homeowners insurance policies cover damage caused by wildfires, but check with […]
Book Club WBC Book Club – Home Sweet Home Welcome to the WBC Book Club, where your favorite Admins & Agents share our favorite books of the moment! From fictional adventures to inspiring true stories, you can find it all right here on the WBC blog. You may notice that the format of our book recs look a little different than most, but that’s […]
Windermere Bellevue Commons News How to Turn Your Home Into a Vacation Rental So, you want to become an AirBnB host. How do go about converting your property into a vacation destination? The hospitality industry has been hard at work to regain its foothold with stir-crazy consumers who have a whole new set of values post-Covid. The growing popularity of the short-term vacation rental is poised to redefine […]
Bellevue Real Estate Local Market Update – August 2023 The dog days of summer are upon us, and along with stifling heat comes a sluggish market. High interest rates and a dearth of available inventory are driving prices up and slowing sales across the region. One major contributor to the low supply of homes is the phenomenon of homeowners protecting their sweet pandemic-era mortgage […]
Book Club WBC Book Club – Hot Summer Reads Welcome to the WBC Book Club, where your favorite Admins & Agents share our favorite books of the moment! From fictional adventures to inspiring true stories, you can find it all right here on the WBC blog. You may notice that the format of our book recs look a little different than most, but that’s […]
Home Buying Real Estate Market Update – July 2023 WBC Designated Broker, Cortney Adams, offers a quick break-down of recent market stats for July 2023. Keep reading to learn more!   Pendings in July slightly under performed the pending count from this time last year. This is not a shock since the months of inventory has not been above 1 month for at least […]
Design 5 Tips For Small Yards Some of the best memories are the ones created right at home. From deep conversations over yummy meals to evenings spent with loved ones under the stars, the place we choose to call home plays an important role in creating opportunities for deeper connection. With summer now in full swing, you may want to enjoy […]
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Bellevue Real Estate Local Market Update – July 2023 This summer’s local housing market is seeing low inventory feed higher prices, putting the squeeze on would-be buyers. June is typically the month where home prices reach their apex, and last month was no exception as King and Snohomish counties’ prices neared the peaks seen during the sugar high of the pandemic market. Approximately 80% […]
Bellevue Real Estate Turnkey vs. Fixer-Upper: Pros and Cons This article originally appears on the Windermere Real Estate Blog, here. Written by Sandy Dodge   The beauty of real estate is that different properties satisfy different needs. Although single-family homes are great for putting down roots, that may not be your motivation for purchasing your next home. If you’re looking to buy a property with the […]
Bellevue Real Estate Local Market Update – June 2023 The more frenetic activity of a typical spring real estate market has certainly hit our area, with buyers out in droves looking for homes. What they’ve found, however, is high competition and scant listings. The region’s low housing inventory has been a constraint that has resulted in fewer closed sales than we’ve seen in recent […]
Bellevue Real Estate Local Market Update – May 2023 As the weather warms, so too does our real estate market, it seems. With dwindling inventory and climbing prices, the housing market is on an upswing, even if it’s a small one. This places sellers back in the driver’s seat, with buyers forced to compete against multiple offers and in the face of higher interest […]
Bellevue Real Estate Local Market Update – April 2023 Spring has truly arrived in our region, with longer days and blooming cherry blossoms. Along with these harbingers of the season, the pace of the local real estate market has also picked up, indicating that the spring market is finally here. An uptick in new listings and price gains in the last month demonstrates a […]
Bellevue Real Estate Local Market Update – March 2023 A recent surge in purchase activity indicates that the early spring real estate market is in full swing in our region. Fluctuating interest rates have caused some buyers to converge on properly-priced listings when rates are down, while potential sellers have been hesitant to let go of the historically low mortgages they have on their […]
Bellevue Real Estate Local Market Update – February 2023 Spring may have come early to the local housing market, with home sales increasing and multiple offers sneaking back into the norm after a downturn over the last few months. While still not at the levels of the peak pandemic market, buyers are actively competing with one another again, as mortgage rates and prices have […]
Bellevue Real Estate Local Market Update – January 2023 The close of 2022 brought the housing market extremes of the last year into sharp focus. With decreased sales, generally increasing inventory and lower prices, the December market finally seemed to hit the winter slowdown that has characterized typical market cycles of years past. This stands in contrast to the early months of 2022, which […]
Bellevue Real Estate Local Market Update – December 2022 As temperatures drop and we approach the end of the year, the local housing market has remained somewhat sluggish — an indication of a return to normal seasonality. Slower home sales are not necessarily a bad sign; in many cases causes as benign as the holidays and inclement weather have pushed buyers off their path, […]
Bellevue Real Estate Local Market Update – November 2022 As the final quarter of 2022 rolls on, it’s clear that these last months will be anything but typical for home buyers and sellers in King and Snohomish counties. In a real estate market that’s been defined by high competition and low supply for the last number of years, buyers and sellers are changing tactics […]
Bellevue Real Estate Local Market Update – October 2022 Increasing listings inventory, lengthening time on market and a slowdown in home price increases across the Puget Sound region herald a return to normalcy and better opportunities for buyers. According to September data from the NWMLS, active listings nearly doubled from a year ago, with pending sales declining by about 31%. “The ‘Great Reversion’ continues, […]
Bellevue Real Estate Local Market Update – September 2022 After its breakneck pace over the last two years, it appears the housing market has finally reached a soft bottom to the price corrections that began in April of this year. Reports that we’re entering a bear market are generally exaggerated, however, as the market seems simply to be resetting to a more balanced state […]
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